From Chicago's Midway Airport to Florida's Everglades Parkway, law firms are aiding a revolution in financing of U.S. infrastructure projects as they craft transactions that let local and state governments lease public assets to eager private investors. Firms collectively stand to reap tens of millions of dollars in fees from the deals, which started cropping up in the U.S. only five years ago. With demand expected to increase, some firms are now shifting attorneys into the practice area.
Growth of Privatization Deals Nets Big Fees for Firms
The National Law Journal
June 16, 2008